Sorry - busy long holiday weekend for me (yesterday was Labor Day here in the US...)...
I have a B12 shock (Paul/Red01's, actually). I don't have tons and tons of experience on a bunch of different bikes to compare it to but I feel it is a huge improvement over the stock B4 pogo stick It is a compromise, though. ~75% of the riding I do is weekend ripping through whatever twisties we can find. For that kind of riding, I LOVE it. I rode to work today and was reminded that it is pretty stiff. There are a couple places the interstate has buckled a little (and has been that way for years!). Those were very jarring. The bike stayed composed - more so than with the stock - but it hurt my back pretty good. The other place I noticed somewhat of a problem was on the track. At Pocono there is a nice high-speed left hander. I could take it faster if I got my ass way off the seat but there was a bit of a bump mid-turn. If I had too much weight off the seat, I could not keep the suspension compressed through the turn and the back would get squirrly. I would never push that hard through a turn on the street so it never really becomes a problem on my typical weekends.
It might be interesting for someone to try a B6 shock. It's crap on the B6 but the B6 weighs nearly as much as the 12, right? Maybe it would be an improvement without some of the harshness I'm feeling with the 12. Just a thought.
As for which to use and how much it will raise the tail, check out the FAQ post about it. The measurements and everything are in there. It did raise my tail. I'm not sure by how much. I also went to a 60 series tire at the same time so the measurements would have been off a little anyway.
Yes - it seems like it would be a good idea to match the stiffer, better-performing rear with an upgrade up front too.
Good luck and keep us posted!